Essentially, it is a kind of risk management that is mainly used to protect against the possibility of a future or unknown loss. As the name implies, Leave Travel Allowance refers to an employee's allowance while travelling with their family or by themselves.
It is a tax break provided by a company to its workers. It can include tasks beyond their regular working hours and beyond the agreed-upon time frame. It excludes dividends, benefits, overtime pay, or any other potential reward from an employer. The total amount comprises the take-home pay. It includes the amount an employee receives before any extras are added or payments deducted.
Basic Salary: Basic salary is the amount of money agreed upon by an employer and employee.
It contains employee details and payslip details Salary Content Earnings examples: The header section can have the details contains title, company name and company address Employee / Payslip Info
